Diana Shipping amends offer to purchase
Published by Stephanie Roker,
Editor
Dry Bulk,
Diana Shipping Inc. has announced the filing of a supplement to its offer to purchase dated as of 6 September 2019 relating to the company’s tender offer to purchase up to 1 408 450 shares, or about 1.5%, of its outstanding common stock using funds available from cash and cash equivalents at a price of US$3.55 per share, which tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on 4 October 2019, unless extended or withdrawn.
The company has filed Supplement No. 1 to offer to purchase dated 12 September 2019, as an exhibit to Amendment No. 1 to Schedule TO dated 12 September 2019 and may be accessed from the Securities and Exchange Commission’s website at www.sec.gov.
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
Read the article online at: https://www.drybulkmagazine.com/shipping/13092019/diana-shipping-amends-offer-to-purchase/
You might also like
Seawing automated kite system to be installed on the CORONA CITRUS
Kawasaki Kisen Kaisha, Ltd. and Electric Power Development Co., Ltd. have decided to install the “Seawing,” an automated kite system using wind power, on CORONA CITRUS, an 88 000 DWT-type special coal carrier for J-POWER.